Articles, Library comments - page 54

Check out the new article: Developing a Replay System (Part 72): An Unusual Communication (I) . What we create today will be difficult to understand. Therefore, in this article I will only talk about the initial stage. Please read this article carefully, it is an important prerequisite before we

Tuyul GAP : Trading Gap Weekend, is it profitable? Author: Taufiqurrachman Assauqi

Check out the new article: Build Self Optimizing Expert Advisors in MQL5 (Part 8): Multiple Strategy Analysis . How best can we combine multiple strategies to create a powerful ensemble strategy? Join us in this discussion as we look to fit together three different strategies into our trading

Price_Channel : It's a well-known indicator that shows maximal and minimal prices (and average values) of the last n bars. Author: Александр

TradeReportExporter : The TradeReportExporter script is designed to export the history of trades (trades) into a convenient CSV file. It automatically collects data on all trades for the last year for the instrument it is installed on. The file includes such data as date and time, transaction type

Check out the new article: Data Science and ML (Part 36): Dealing with Biased Financial Markets . Financial markets are not perfectly balanced. Some markets are bullish, some are bearish, and some exhibit some ranging behaviors indicating uncertainty in either direction, this unbalanced information

Volume Average : Long known volume analysis method. In capital markets, volume, or trading volume, is the amount (total number) of a security (or a given set of securities, or an entire market) that was traded during a given period of time. In the context of a single stock trading on a stock

Partial close Sell Orders : Partially close active sell orders Author: Muhammad Syamil Bin Abdullah

Check out the new article: Creating an MQL5 Expert Advisor Based on the Daily Range Breakout Strategy . In this article, we create an MQL5 Expert Advisor based on the Daily Range Breakout strategy. We cover the strategy’s key concepts, design the EA blueprint, and implement the breakout logic in

Check out the new article: Neural Networks in Trading: Node-Adaptive Graph Representation with NAFS . We invite you to get acquainted with the NAFS (Node-Adaptive Feature Smoothing) method, which is a non-parametric approach to creating node representations that does not require parameter training

Check out the new article: From Basic to Intermediate: Array (III) . In this article, we will look at how to work with arrays in MQL5, including how to pass information between functions and procedures using arrays. The purpose is to prepare you for what will be demonstrated and explained in future

AlphaTrend : It is an indicator used to determine the trend, support and resistance level of the market. When volume data is available, it calculates using MFI, if not, it calculates using RSI. Momentum: RSI and MFI Volatility: ATR Author: Mahmut Deniz

Check out the new article: Building MQL5-Like Trade Classes in Python for MetaTrader 5 . MetaTrader 5 python package provides an easy way to build trading applications for the MetaTrader 5 platform in the Python language, while being a powerful and useful tool, this module isn't as easy as MQL5

Check out the new article: SQLite capabilities in MQL5: Example of a dashboard with trading statistics by symbols and magic numbers . In this article, we will consider creating an indicator that displays trading statistics on a dashboard by account and by symbols and trading strategies. We will

New article Neural networks made easy (Part 17): Dimensionality reduction has been published: In this part we continue discussing Artificial Intelligence models. Namely, we study unsupervised learning algorithms. We have already discussed one of the clustering algorithms. In this article, I am

Relative Strength Index (RSI) : The Relative Strength Index technical indicator (RSI) is a price-following oscillator that ranges between 0 and 100. When Wilder introduced the Relative Strength Index, he recommended using a 14-day RSI.. Since then, the 9-day and 25-day Relative Strength Index

Partial Close Buy Orders : Script for partially close active buy orders Author: Muhammad Syamil Bin Abdullah

Check out the new article: Price Action Analysis Toolkit Development (Part 25): Dual EMA Fractal Breaker . Price action is a fundamental approach for identifying profitable trading setups. However, manually monitoring price movements and patterns can be challenging and time-consuming. To address

Check out the new article: MQL5 Wizard Techniques you should know (Part 69): Using Patterns of SAR and the RVI . The Parabolic-SAR (SAR) and the Relative Vigour Index (RVI) are another pair of indicators that could be used in conjunction within an MQL5 Expert Advisor. This indicator pair, like those

Check out the new article: Price Action Analysis Toolkit Development Part 27): Liquidity Sweep With MA Filter Tool . Understanding the subtle dynamics behind price movements can give you a critical edge. One such phenomenon is the liquidity sweep, a deliberate strategy that large traders, especially

Check out the new article: Neural Networks in Trading: Contrastive Pattern Transformer (Final Part) . In the previous last article within this series, we looked at the Atom-Motif Contrastive Transformer (AMCT) framework, which uses contrastive learning to discover key patterns at all levels, from

Show Positions on Custom Chart (or standard chart) for MT5 : This indicator is a utility that shows labelled trade levels on any chart. If you want to replace your native trade levels on a native chart, then turn off "Show trade levels" in your F8 Chart Properties and attach this indicator. If you

Support and Resistance MT4 : Support and Resistance MetaTrader indicator — as the name of this indicator suggests, it displays the support and resistance levels. It shows them directly on the chart, providing an easy help when you want to set stop-loss or take-profit level, or when you want to see

ErrorDescription : The library contains functions that returns description of runtime error codes and trade server return codes. Author: MetaQuotes Software Corp

Relative Vigor Index (RVI) : The main point of Relative Vigor Index (RVI) technical indicator is that on the bull market the closing price is, as a rule, higher, than the opening price. It is the other way round on the bear market. So the idea behind Relative Vigor Index is that the vigor, or

Price Rate of Change (ROC) : As you know, prices drop and grow in ondulatory way, in cycles. This cyclic movement is a result of change in investors' expectations and the price control fight between bulls and bears. Price Rate of Change (ROC) reflects this ondulatory movement like an oscillator

Price and Volume Trend (PVT) : Price and Volume Trend (PVT) indicator, like On Balance Volume (OBV), represents the cumulative sum of trade volumes calculated considering close price changes. The calculation algorithm is close to that of the indicator OBV. But in OBV we add the whole daily volume to

Price Channel : The market is often accelerates and decelerate s its movements, so it's not easy to draw the straight lines of support and resistance levels. The Price Channel Indicator draws the price channel, its upper and lower boundaries are determined by maximal and minimal prices for a certain

Parabolic SAR : Parabolic SAR technical indicator was developed for analyzing the trending markets. The indicator is constructed on the price chart. This indicator is similar to Moving Average with the only difference that Parabolic SAR moves with higher acceleration and may change its position in

Moving Average of Oscillator (OsMA) : Moving Average of Oscillator (OsMA) is the difference between the oscillator and oscillator smoothing. In this case, the base line of Moving Average Convergence/Divergence (MACD) is used as the oscillator, and the signal line is used as the smoothing. Author